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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (9346)10/26/2007 4:57:40 PM
From: gold$10k  Read Replies (1) | Respond to of 29622
 
Could we FINALLY be on the verge of GATA's long predicted huge short squeeze

A definite maybe... and if so, might it be accompanied by a dollar collapse? Is that what the illogically surging stock market is all about?


FWIW, I increased my PM junior allocation to 60% and sold all my SDS (2x short SPX) on the noon bounce for a small loss.



To: Crimson Ghost who wrote (9346)10/26/2007 7:43:32 PM
From: gold$10k  Respond to of 29622
 
Maybe it's not such a big deal since during the COT week the POG traded $13 higher and then $13 lower before ending flat. Even so, the reduction in net shorts shows that some were quick get out.


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